0001158449-22-000063.txt : 20220302 0001158449-22-000063.hdr.sgml : 20220302 20220302171854 ACCESSION NUMBER: 0001158449-22-000063 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220228 FILED AS OF DATE: 20220302 DATE AS OF CHANGE: 20220302 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Schechtman Natalie CENTRAL INDEX KEY: 0001675001 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16797 FILM NUMBER: 22705118 MAIL ADDRESS: STREET 1: 45 ROUND HOUSE ROAD CITY: BEDFORD STATE: NY ZIP: 10506 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANCE AUTO PARTS INC CENTRAL INDEX KEY: 0001158449 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO & HOME SUPPLY STORES [5531] IRS NUMBER: 542049910 STATE OF INCORPORATION: DE FISCAL YEAR END: 0101 BUSINESS ADDRESS: STREET 1: 4200 SIX FORKS ROAD CITY: RALEIGH STATE: NC ZIP: 27609 BUSINESS PHONE: 5403624911 MAIL ADDRESS: STREET 1: 4200 SIX FORKS ROAD CITY: RALEIGH STATE: NC ZIP: 27609 4 1 wf-form4_164625948410780.xml FORM 4 X0306 4 2022-02-28 0 0001158449 ADVANCE AUTO PARTS INC AAP 0001675001 Schechtman Natalie ADVANCE AUTO PARTS, INC. 4200 SIX FORKS ROAD RALEIGH NC 27609 0 1 0 0 EVP Human Resources Common Stock 2022-02-28 4 A 0 917 204.48 A 6462 D Stock Option (right to buy) 204.48 2022-02-28 4 A 0 3474 0 A 2032-02-27 Common Stock 3474.0 3474 D The reported amount of time-based restricted stock units (RSUs) along with performance-based RSUs not reported on this Form 4, collectively, represent 25% and 50% portions, respectively, of a target equity award. The time-based RSUs are subject to time vesting in three approximately equal annual installments beginning one year from the grant date. The performance-based RSUs may vest on the third anniversary of the grant date, if the registrant achieves a certain pre-determined financial performance target, subject to certification by the registrant's Compensation Committee. In addition, if the registrant's financial performance exceeds the target level, the reporting person may receive additional shares up to a maximum of 200% of the target level grant of performance-based RSUs. The option vests in three equal annual installments beginning on February 27, 2023. /s/ Amanda L. Keister, as Attorney-in-Fact for Natalie Schechtman 2022-03-02